Westminster, MD, Thursday, November 16, 2023 – Today, the Carroll County Board of Commissioners approved the sale of $30 million in new issue bonds. Proceeds will be dedicated to various infrastructure and other capital investments for general government, public schools, and conservation & water resources.

County Comptroller Jenny Hobbs led today’s presentation to the Board of Commissioners, informing the board that the county received 17 bids and the successful bid has a lower interest rate than last year. The recent reaffirmation of three triple-A ratings from the three major financial rating agencies, the highest ratings possible for the county, led to the subsequent low-interest rate of 3.637757%.

Links to the credit agency reports from Fitch Ratings, S&P Global Ratings, and Moody’s Investors Service are available on the county Comptroller webpage.

Meetings are available for viewing on the county meeting portal and the county YouTube channel. In addition, all meetings will be replayed on Comcast Channel 24.